Sec. 40402. Extension and modification of credit for residential energy property
112 words·~1 min read·
/bill/115/hr/1892/unknown/section-40402·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 25D(h) is amended by striking December 31, 2016 and all that follows and inserting December 31, 2021. . Section 25D(a) is amended by striking the sum of— and all that follows and inserting “the sum of the applicable percentages of— the qualified solar electric property expenditures, the qualified solar water heating property expenditures, the qualified fuel cell property expenditures, the qualified small wind energy property expenditures, and the qualified geothermal heat pump property expenditures, made by the taxpayer during such year. . Section 25D(g) is amended by striking paragraphs
(1)and
(2)of . The amendment made by this section shall apply to property placed in service after December 31, 2016.